{"id":15217,"date":"2025-10-24T17:46:07","date_gmt":"2025-10-24T17:46:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/15217\/"},"modified":"2025-10-24T17:46:07","modified_gmt":"2025-10-24T17:46:07","slug":"pats-exotic-beverages-inks-deal-at-peninsula-development-in-the-bronx-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/15217\/","title":{"rendered":"Pat\u2019s Exotic Beverages Inks Deal at Peninsula Development in the Bronx \u2013 Commercial Observer"},"content":{"rendered":"<p>Pat\u2019s Exotic Beverages, a Bronx-based, family-owned beverage company, has reserved some space at a major redevelopment underway in the Bronx\u2019s Hunts Point neighborhood.<\/p>\n<p>The beverage company, which offers Caribbean-inspired juices and teas, has signed a lease for 2,120 square feet at The Peninsula, a redevelopment of the former site of the Spofford Detention Center at 1215 Spofford Avenue, broker <a href=\"https:\/\/commercialobserver.com\/company\/j3k-real-estate\/\" title=\"J3K Real Estate\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">J3K Real Estate<\/a> announced Thursday.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2025\/10\/broadway-shows-financials-times-square\/\" rel=\"nofollow noopener\" target=\"_blank\">Sure, Broadway Shows Are Struggling \u2014 But Broadway Isn\u2019t<\/a><\/p>\n<p>The Peninsula, which is being developed by a team made up of the <a href=\"https:\/\/commercialobserver.com\/company\/mutual-housing-association-of-new-york\/\" title=\"Mutual Housing Association of New York\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Mutual Housing Association of New York<\/a> (MHANY), <a href=\"https:\/\/commercialobserver.com\/company\/hudson-companies\/\" title=\"Hudson Companies\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Hudson Companies<\/a> and Gilbane Development, will ultimately <a href=\"https:\/\/commercialobserver.com\/power-series\/player\/edward-broderick-adam-r-jelen-and-james-patchett\/\" rel=\"nofollow noopener\" target=\"_blank\">feature 740 units of 100 percent affordable housing<\/a> as well as 52,000 square feet of publicly accessible open space in addition to industrial and retail.<\/p>\n<p>Pat\u2019s Exotic Beverages will move into the development\u2019s \u201clight-industrial and commissionary space,\u201d according to J3K. The lease will position the beverage company to create jobs, support the local economy, and \u201cscale its production while staying true to its Bronx roots,\u201d the brokerage said.<\/p>\n<p>Founded in 1999, Pat\u2019s Exotic Beverages produces a line of small-batch Caribbean-style juice drinks, many inspired by family recipes brought from Jamaica by founder Cordelia \u201cPat\u201d Lindsay, according to the company website.<\/p>\n<p>\u201cPat\u2019s Exotic Beverages represents everything The Peninsula is designed to support \u2014 local entrepreneurship, culture and community vitality,\u201d J3K\u2019s Jon Kamali, who brokered the deal for ownership along with Justin Kamali, said in a statement.<\/p>\n<p>\u201cThis lease is part of our continued effort to attract mission-driven operators who will benefit from this vibrant campus and contribute to the growth of Hunts Point,\u201d Jon Kamali added.<\/p>\n<p>The length of the lease and the asking rent were unclear, but <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.cbre.com\/insights\/figures\/new-york-city-industrial-figures-q3-2025\">a report from CBRE<\/a> found industrial rents in the Bronx averaged $30.39 per square foot during the third quarter of 2025.<\/p>\n<p>It\u2019s also unclear who brokered the deal for the tenant. Hudson Companies declined to comment, while spokespeople for Pat\u2019s Exotic Beverages and MHANY did not immediately respond to requests for comment.<\/p>\n<p>The $617 million, multi-phase Peninsula is set to be fully completed by 2028. Phase One delivered 183 affordable units, a cultural arts center and a 57,000-square-foot industrial building, while Phase Two is currently under construction and will bring 359 apartments, a 40,000-square-foot pedestrian plaza and more amenities. Following Phase Three, the project will feature a total of 740 units.<\/p>\n<p>Pat\u2019s Exotic Beverages will join a roster of new tenants at The Peninsula, including Birley Bakery, Nut Hatch, Cake Pops NYC, Guang de Noodles and Bevi-Still.<\/p>\n<p>\u201cWe\u2019re very excited to have <a href=\"https:\/\/commercialobserver.com\/company\/pats-exotic-beverages\/\" title=\"Pat&#039;s Exotic Beverages\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Pat&#8217;s Exotic Beverages<\/a> as a new tenant at Peninsula,\u201d Katherine Gray, development director at Gilbane, said in a statement to Commercial Observer. \u201cThis is a great opportunity to foster the growth of another local beverage production business based right here in the Bronx.\u201d<\/p>\n<p>Isabelle Durso can be reached at <a href=\"https:\/\/commercialobserver.com\/2025\/10\/pats-exotic-beverages-lease-peninsula-bronx\/mailto:idurso@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">idurso@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Pat\u2019s Exotic Beverages, a Bronx-based, family-owned beverage company, has reserved some space at a major redevelopment underway in&hellip;\n","protected":false},"author":2,"featured_media":15218,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,3624,11144,11145,11146,11143,9,24,63,129,131,130,11147],"class_list":["post-15217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-channel","tag-jon-kamali","tag-justin-kamali","tag-katherine-gray","tag-leases-1215-spofford-avenue","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news","tag-the-peninsula"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/15217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=15217"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/15217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/15218"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=15217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=15217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=15217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}